WSP Global Given Average Recommendation of “Buy” by Brokerages (TSE:WSP)
Shares of WSP Global (TSE:WSP) have been given a consensus recommendation of “Buy” by the thirteen brokerages that are covering the company, Analyst Ratings Network reports. Four equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$40.42.
WSP Global (TSE:WSP) traded down 2.01% during mid-day trading on Thursday, hitting $37.60. 26,745 shares of the company’s stock traded hands. WSP Global has a 52-week low of $29.00 and a 52-week high of $38.93. The stock’s 50-day moving average is $37.1 and its 200-day moving average is $35.27. The company has a price-to-earnings ratio of 27.80.
WSP Global (TSE:WSP) last posted its quarterly earnings results on Wednesday, May 14th. The company reported $0.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.08.
WSP has been the subject of a number of recent research reports. Analysts at National Bank Financial raised their price target on shares of WSP Global from C$40.00 to C$41.00 in a research note on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at RBC Capital raised their price target on shares of WSP Global from C$36.00 to C$38.00 in a research note on Wednesday. They now have a “sector perform” rating on the stock. Finally, analysts at Dundee Securities raised their price target on shares of WSP Global from C$39.00 to C$43.00 in a research note on Wednesday. They now have a “buy” rating on the stock.
WSP Global Inc is a professional services firm, working with governments, businesses, architects and planners and providing integrated solutions across many disciplines, from designing zero-carbon cities to project managing large-scale infrastructure projects.
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